The New York Times Expands DealBook Franchise, Delivering Must-Read News and Insight for Players at All Levels of Deal Community

New York Times Enlists Veteran Wall Street and Financial Journalists and Columnists to Expand The Times's Already-Noteworthy CoverageBarclays Capital, Goldman Sachs, Sotheby's and Tata Consultancy Services Are Charter Advertisers

NEW YORK, Nov 04, 2010 (BUSINESS WIRE) -- The New York Times is expanding its DealBook franchise with more news, information, analysis and features to create the most authoritative source for deal-makers and industries that thrive and function within the deal community. The new expanded edition of DealBook will launch on Tuesday, Nov. 9 across multiple platforms.

DealBook caters to a high-level audience of C-Suite executives and decision-makers and will continue its focus on key beats - M&A, private equity, hedge funds, regulation, law - delivering more scoops, insights and breaking news throughout the day and across platforms.

DealBook will also feature news and insights on deal-related topics from Business Day's well-known roster of leading business reporters, which includes recent hires in addition to a veteran stable of Wall Street's most highly-regarded journalists.

"This is the next step in the evolution of DealBook, providing a community of highly-engaged readers and busy executives with essential news and insights, and keeping them plugged in to the most important news of the day," said Andrew Ross Sorkin, DealBook editor.

In recent months, The Times has hired world-class business journalists to contribute to DealBook's growing footprint. DealBook, which remains anchored by Andrew Ross Sorkin, Michael de la Merced and Jack Lynch, now has a news staff of 16, including:

Susanne Craig is a reporter covering Wall Street and finance for Business Day and DealBook. She recently joined The Times from The Wall Street Journal, where she played a leading role in the paper's Wall Street coverage.

Peter Lattman is a reporter for Business Day and DealBook. He joined The Times from The Wall Street Journal, where he launched the Law Blog and most recently covered the private equity beat.

Jeffrey Cane has returned to The Times as DealBook's managing editor; he first joined The Times in 1993 and went on to become Business Day's finance editor before departing in 2007. Most recently, Mr. Cane served as stock market editor at Dow Jones Newswires.

In addition, DealBook will feature prominent contributors known for their expertise in the world of finance.

Jesse Eisinger, a senior reporter with ProPublica, will contribute a regular column as part of an arrangement with the independent non-profit investigative journalism organization. ProPublica.org, which produces investigative journalism in the public interest, in 2010 became the first online news organization to win a Pulitzer Prize, for an investigative piece published in collaboration with The New York Times Magazine.

Steven Davidoff, known as "The Deal Professor," is a commentator for DealBook on the legal aspects of mergers, private equity and corporate governance. A former corporate lawyer at Shearman & Sterling, he is a professor at the University of Connecticut School of Law.

Peter Henning writes the "White Collar Watch" column, which follows issues involving securities law and white-collar crime. A former lawyer at the S.E.C.'s enforcement division and then a prosecutor at the Justice Department, he is a professor at the Wayne State University Law School.

DealBook enhancements to launch Nov. 9 include:

In print, a DealBook page will now appear Tuesday through Friday in The Times, and the International Herald Tribune will also feature DealBook content on those days.

The DealBook site, dealbook.nytimes.com, will be redesigned with a new look and feel and offer continuous news updates, detailed company data and multimedia offerings.

DealBook will introduce a redesigned e-mail newsletter on weekday mornings and will add a new edition delivered after each day's market close.

A daily DealBook video will cover the latest news and what it means across industries.

A redesigned mobile WAP site (mobile.nytimes.com/dealbook) and - coming soon - a DealBook news reader application for BlackBerry devices will allow readers to get the latest news.

"The financial sphere is no longer limited to Wall Street; its effects and influence can be felt in countless fields from economics, law and politics to personal investing," said Larry Ingrassia, Business Day editor, The New York Times. "DealBook is a one-stop resource for anyone with a foot in the financial community - a must-read for authoritative deal coverage throughout the day."

DealBook will provide in-depth company profiles powered by industry-leading content from Thomson Reuters, with key financial metrics at launch, followed in the coming months with mergers and acquisitions history, top banking and legal relationships, stock ownership, and officers and directors.

Launched in October 2001 as a daily financial report sent by Mr. Sorkin via e-mail, DealBook has since grown exponentially to serve the C-Suite audience, establishing itself as an essential, trusted source of news for industry leaders in finance, banking, brokerage, legal and real estate.

In the past 15 years, The Times has strengthened its commitment to business journalism, increasing its breadth and coverage. Business Day is a leading national and international source of business, corporate and financial news, and the only national business news available in print seven days a week. Since 2004, the Business desk has garnered more than 60 awards for journalistic excellence and broken some of the most important stories about corporate America.

About The New York Times Company

The New York Times Company (NYSE: NYT), a leading media company with 2009 revenues of $2.4 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers and more than 50 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

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